Tadashi Yanai , Japan’s richest man, used advice from management guru Peter Drucker to build his Uniqlo clothing empire. To pull out of a slump that’s hammered profits and shares, the billionaire is revisiting the lessons.
Kirin Holdings Co., Japan’s second- largest brewer, paid 3.95 billion reais ($2.5 billion) to gain a majority stake in the Brazilian maker of Nova Schin beer, adding Latin America’s biggest beer market to its global footprint.
Sony Corp. and Nintendo Co. unexpectedly slashed their profit forecasts in response to the failure of their televisions and handheld game players to keep pace with products from Samsung Electronics Co. and Apple Inc.
Kirin Holdings Co. , Japan’s biggest beverage maker, cut its full-year profit forecast by 27 percent, as the company took charges for improper business transactions at one of its units and foreign-exchange losses.